Should the US Nationalize the Oil Industry?

Dr. Jay Richards, Acton's Director of Media, joins host Frank Pastore on KKLA in Los Angeles to discuss the recent proposal by some Democrat members of Congress to nationalize the US domestic oil industry in response to this year's spike in gasoline prices. Richards addresses the idea that such a move would decrease prices, arguing that it would be more likely to increase prices and lead to shortages. Richards and Pastore also talk about Jim Wallis' argument that Christians need to de-emphasize social issues like abortion and place more emphasis on issues such as poverty, global warming, and the like.